Business Property Relief-Transfer your Business Without Paying IHT
Business Property Relief (BPR) is vital for UK individuals safeguarding assets from the 40% Inheritance Tax (IHT), exempting or reducing the tax on business transfers to family by 50%. Qualification requires assets engaged in trading activities and a two-year ownership....
Taxation on Lease in the UK: An In-Depth Analysis
If you are involved in a lease transactions, you might want to learn about which kind of tax might apply to you. Read to find out.
Tax Implications on Rent to Serviced Accommodation in UK | R2SA
Investing in UK's rent-to-serviced accommodation model can be lucrative, but understanding tax implications is crucial. Key considerations include income tax, FHL rules, VAT, Capital Gains Tax, business rates, and capital allowances. Staying informed is essential for tax-efficient and successful serviced...